The reason I didn't take any other trades before the one I did is because I was away from my trading platform until just before that point in time and when I looked at the NQ, price was already moving up off the 1-2-3 at that point and rather close to the R levels, so I prepared for a short off R if price paused there (which it did). I'm pretty sure I would've traded the 1-2-3 to the long side, because in hindsight it looks like a valid scalp setup to me
Got one question regarding Combine to people who been through it: Did I understand it correctly that if a trader who goes live Combine does not hit the loss limits and produces some profit, he keeps 60% of the profits?
In modern times the tooling for merging what you calll "wicks" with envelopes yield an entirely different result. Many pltform libraries have these mergers as standard stuff. google the work of bollinger to find out the basics. The significance of the "wick" that gained your attention was described about 400 years ago. If you learned the terminology and systemic stuff on CS's you might make some headway.
A balanced brain has a mind that is fully differentiated. When a perons gets to a centain point in filling in the spectrum, then the larger resource (the unconscious LTM is merged by the brain with the conscious. Unfortunately, this whole process is stymied by irrational and contradictory myths. It is fun to see people who have the consequences of mental misbehavior. the mind cannot erase even though there are over 200 peptides at work assembling the synaptic connections.
Fully agree. Even R/S levels that really the whole world can see like previous Low Of Day work fine. My first trade for today. I think I'll go back to bed (there's an offset of 2 hours vs broker statement)
that low was broken, its guess that worked thats all i how many have you done just like this exact set up and what the expectancy ? thnx
It depends a bit on what TF you look at it but I suppose you're right if you look at the exact ticks on the 1min chart. However I use other (TA) tools to try and find the tops / bottoms of swings and for me it coincides really nicely here with prev LOD bounce. JP